Who’s leading the Big Data League?
The self-assessment of ‘big data readiness’, which delivered an aggregate ‘score’ based on the culture and leadership, skills and infrastructure, also demonstrated much room for improvement with only 26% of organisations saying they are able to manipulate large and/or complex data sets for analysis within minutes, and only 38% of businesses recruiting data scientists or business intelligence experts.
“We’re past the point where people can write off the potential for and use of data as the responsibility of IT or an operational silo”, says James Petter, Vice President and Managing Director, UK & Ireland, EMC Corporation. “It has to be a strategic focus for the business if we are to successfully deliver a new era of accelerated growth in an uncertain, hyper-competitive market context. It’s great to see that the majority of businesses across all sectors are embracing big data analytics of some kind, but there’s clearly a long way to go before all businesses are equipped with the right skills, leadership and IT infrastructure to drive real change and new opportunities in their markets. Now is the time for businesses to invest in their people and processes to make sure that they don’t get left behind.”
Steve Duplessie, Founder and Senior Analyst, Enterprise Strategy Group Inc. adds: “We know empirically that 20% of organisations feel they have a ‘problematic shortage of existing skills’ in the area of Business Intelligence and Analytics. We also know that companies less than 10 years old are reaping significantly more value from analytics than their older counterparts. Traditional companies need to get moving faster in the analytics uptake, or the gaps are going to widen.”
To find out more about these research findings and the impact on businesses, visit emc.im/bigdataleague, or take a look at the infographic below. You can also join in the discussion at #BigDataLeague or follow EMC on Twitter at @EMCUKI.